• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Kelid™

  • R&D Funds
    • Filing SR&ED
    • SR&ED Eligibility
    • DIY SR&ED Business Fund
    • SR&ED FAQ
  • Business Funds
    • Research and Development Funds
    • Hiring Funds
    • Business Expansion Funds
    • Digital Media
  • Business Services
    • Business Training
    • Business Plans
    • Project Management and Planning
    • Business Advisory
    • Business Loans
  • About
    • Careers
    • Resource
      • ebooks
      • Download Kelid’s Flyer
      • Free Newsletter Subscription
  • Blog
  • Contact Us

December 16, 2013 by Bob Brown Leave a Comment

Up to $500k small business loans

Business-LoansOther than banks and financial institutions there are a number of funding programs available to Small Medium-sized Enterprises(SMEs) providing up to $500k small business loans with low or zero interests. Either you are at early stages of establishing your business or at final stages for commercializing your developed products you may qualify.  Southern Ontario Fund for Investment in Innovation (SOFII) is one of business loan programs which is supported by FedDev Ontario. The program provides financial support for various business growth stages such as:

  • Late stage commercialization;
  • New product or service development;
  • New applications or markets; or
  • Development or implementation of new processes or technologies.

Eligibility criteria for small business loans are:

  • Demonstrate job creation and employ more than 50 employees within the term of the loan
  • Operate in Southern Ontario
  • Be suitable for public funding
  • Demonstrate the ability to operate the business and repay the small business loans

If you are an established small to medium size business with at least 5 employees that has been incorporated for at least 2 years and engaged in manufacturing and or R&D in Canada, KelidTM will assist you to identify eligible small business loans according to the status of your business and lead you to make the right decision. We invite you to join our monthly news letter and follow us on Twitter, Linked-in, Facebook, or Google+.

Filed Under: Business Loans, General Tagged With: Loan, Loans, Small Business Funds, Small Business Loans

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Request Info

We assist you to apply for Canadian Government Funds and Grants

Search Funds

Recent Articles

Grants to Reduce Green House Gases in Ontario

May 17, 2017 By Gargi Garach

Sell Your Innovation To the Government of Canada

April 19, 2017 By Gargi Garach

Grants for Collaboration with Academic Institutions

March 27, 2017 By Gargi Garach

Footer

About Kelid™

Business Funds Consulting Services

Kelid™ assists small to medium size enterprises (SME) to file applications for wide ranges of provincial and federal funding programs.

1-416-893-2921

Address 1: 18 Stoneybrook Crt
Thornhill, ON, L3T 1G6

Address 2: Suite 1901, 5000 Yonge Street, Toronto, ON, M2N 7E9

 

Main Menu

  • Home
  • About
  • Testimonials
  • Blog
  • Careers
  • 1-416-893-2921

Share us

Copyright © 2023 · Executive Pro on Genesis Framework · WordPress · Log in